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Home prices in Hungary rose 7% year-on-year in the third quarter of 2018, a rate well over the 4.3% average for the European Union as a whole, according to a quarterly release of data from Eurostat, the statistical agency of the European Commission.

Central and Eastern Europe is a region with healthy growth and massive potential, UniCredit stated at a workshop hosted at the annual Euromoney CEE Forum in Vienna, adding that it expects more of the same from the regionʼs economic environment.

In 2017, the proportion of pensioners at risk of poverty in the European Union was estimated to be 14.2%, slightly above the figure of 13.8% in 2016. The proportion of Hungarian pensioners at risk of poverty stood at 9.1% in 2017, one of the lowest rates in the EU.

The “We are Europe” initiative, which aims to support the development and work of civil society organizations across Europe, is organizing a public political event entitled “We are Europe Citizens’ Agora”, according to a press release sent to the Budapest Business Journal.

Spending on recreation and culture accounts for about 7.2% of the total expenditure of Hungarian households, a relatively low level compared to other countries in the region, data compiled by EU statistical body Eurostat shows.

France and Germany have agreed to deepen a 1963 treaty of post-war reconciliation in a bid to show that the European Union’s main axis remains strong and to counter growing Euroskeptic nationalism among other members including Hungary, news agency Reuters reported Wednesday.

According to the European Commissionʼs official statistics agency Eurostat, Hungary has by far the lowest ratio of police officers to population in the European Union, at less than one-third of the EU average.